Why depot owners risk bankruptcy – Otedola
However, he said, with Nigeria now refining fuel locally, such infrastructure is becoming increasingly unnecessary.
However, he said, with Nigeria now refining fuel locally, such infrastructure is becoming increasingly unnecessary.
The government says it has enough petrol and advises against panic buying.
PPRA says full deregulation has already begun and the government no longer fixes fuel prices.
"We believe that full deregulation of the sector remains the most viable option for Nigeria to effectively navigate this period ...
“I can confirm to you government made good its promise to deliver promissory notes to marketers on Friday."
The government offers to pay N236 billion to the marketers on or before December 14.
Marketers had earlier countered the government's claims that they had reached an agreement.
The group says its ultimatum will expire on Monday.
DAPPMAN members own many of the depots the NNPC stores imported petrol in.
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